Thomas Schmidheiny

About Thomas Schmidheiny

Birth Year: 1945
Birth Place: Jona, Switzerland, Switzerland
Residence: Klosters, Switzerland
Alma mater: Tufts University Zurich Polytechnic
Occupation: Major shareholder of LafargeHolcim
Spouse(s): married
Children: 4
Parent(s): Max Schmidheiny
Relatives: Stephan Schmidheiny (brother)

Thomas Schmidheiny

Thomas Schmidheiny was born on 1945 in Jona, Switzerland, Switzerland. Thomas Schmidheiny's ancestors built an empire making bricks and cement; when Thomas' father Max divided the estate in 1984 Thomas inherited cement and concrete supplier Holcim while his brother Stephan, also a billionaire, got construction company Eternit. Thomas retired from his role as chairman of Holcim in 2003 after running the company for twenty years. In July 2015, Holcim completed its mega-merger with France's Lafarge, creating the largest cement manufacturer in the world; Schmidheiny now holds just under 12% of the company. He also owns vineyards and wineries in Napa Valley, Australia, Argentina, and Switzerland.
Thomas Schmidheiny is a member of Construction & Engineering

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Biography/Timeline

1908

Thomas Schmidheiny is the son of Max Schmidheiny (1908-1991). The family's construction materials empire (bricks, cement, etc) was divided in 1984, with Thomas inheriting Holcim, the concrete and cement company, and his brother Stephan, also a Billionaire, was given the construction company Eternit.

2003

Until 2003, Schmidheiny was the chairman of Holcim, one of the world's leading cement manufacturers, founded by his grand-uncle in 1912. Schmidheiny resigned his chairmanship as part of a deal to settle an investigation of insider trading in Spain. He has remained on the Board since that time. Since the merger between Holcim and Lafarge Thomas Schmidheiny detains 11.4% of the company Lafarge-Holcim and is the biggest shareholder of the firm.

2012

The Indian School of Business has a Thomas Schmidheiny chair of family Business. As of 2012, the post was held by Kavil Ramachandran.

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